Karachi: Trading in the 10-Year Variable Rental Rate (VRR) GoP Hybrid Sukuk (GHS), originally suspended, is set to resume on October 16, 2026. This announcement follows the earlier suspension of trading, as referenced in the Pakistan Stock Exchange (PSX) notice dated October 2, 2026, concerning rental payments.

Effective from October 16, 2026, the VRR GHS, which has a maturity date of April 16, 2036, will be tradable based on newly revised profit rates. The updated net profit rate, applicable until April 16, 2027, will be 12.7310%, reflecting a significant move from the previously applicable rate of 11.7185%.

According to information available from the Pakistan Stock Exchange (PSX), the revision in the profit rate corresponds with the latest 6-month weighted average yield of 12.3810%, and a spread of 35 basis points as per the auction dated April 16, 2026. This adjustment aligns the net profit rate with prevailing market conditions and yields.

The designated market category for this security remains unchanged, and market participants are advised to adjust their portfolios accordingly in light of these new developments.